Sectors & Industries Consumer CyclicalFootwear & Accessories
Best Shoe Stocks to Buy Now (2022)
Top shoe stocks in 2022 ranked by overall Zen Score. See the best shoe stocks to buy now, according to analyst forecasts for the footwear & accessories industry.

Industry: Footwear & Accessories

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
DECK	DECKERS OUTDOOR CORP	NYSE	Footwear & Accessories	$8.49B	$319.98	-0.59%	$608.40M	19.50x	0.71
SHOO	STEVEN MADDEN LTD	NASDAQ	Footwear & Accessories	$2.19B	$27.75	-1.70%	$348.02M	8.43x	0.56
CROX	CROCS INC	NASDAQ	Footwear & Accessories	$4.11B	$66.71	-3.01%	$764.56M	7.45x	8.32
RCKY	ROCKY BRANDS INC	NASDAQ	Footwear & Accessories	$159.06M	$21.75	-2.66%	$51.38M	7.77x	2.27
WWW	WOLVERINE WORLD WIDE INC	NYSE	Footwear & Accessories	$1.36B	$17.31	-3.78%	$224.90M	11.70x	3.55
SKX	SKECHERS USA INC	NYSE	Footwear & Accessories	$5.28B	$33.92	-3.85%	$600.94M	7.36x	0.87
WEYS	WEYCO GROUP INC	NASDAQ	Footwear & Accessories	$200.93M	$20.95	-5.63%	$34.85M	8.41x	0.32
NKE	NIKE INC	NYSE	Footwear & Accessories	$152.18B	$97.02	-1.55%	$7.70B	25.33x	1.64
CAL	CALERES INC	NYSE	Footwear & Accessories	$909.78M	$24.95	-1.19%	$323.14M	4.81x	4.33
FL	FOOT LOCKER INC	NYSE	Footwear & Accessories	$3.25B	$34.84	-3.20%	$933.00M	6.97x	1.45
AREB	AMERICAN REBEL HOLDINGS INC	NASDAQ	Footwear & Accessories	$1.84M	$0.35	-10.49%	-$5.61M	-0.13x	0.38
VRA	VERA BRADLEY INC	NASDAQ	Footwear & Accessories	$94.54M	$3.04	-3.49%	$4.45M	-3.66x	0.68
FORD	FORWARD INDUSTRIES INC	NASDAQ	Footwear & Accessories	$12.98M	$1.29	-1.53%	-$243.67k	-18.43x	2.32

Shoe Stocks FAQ

What are the best shoe stocks to buy right now in Sep 2022?

According to Zen Score, the 3 best footwear stocks to buy right now are:

1. Deckers Outdoor (NYSE:DECK)

Deckers Outdoor (NYSE:DECK) is the top shoe stock with a Zen Score of 65, which is 20 points higher than the shoe industry average of 45. It passed 22 out of 33 due diligence checks and has strong fundamentals. Deckers Outdoor has seen its stock lose -25.06% over the past year, overperforming other shoe stocks by 10 percentage points.

Deckers Outdoor has an average 1 year price target of $411.00, an upside of 28.45% from Deckers Outdoor's current stock price of $319.98.

Deckers Outdoor stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Deckers Outdoor, 42.86% have issued a Strong Buy rating, 57.14% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Steven Madden (NASDAQ:SHOO)

Steven Madden (NASDAQ:SHOO) is the second best shoe stock with a Zen Score of 62, which is 17 points higher than the shoe industry average of 45. It passed 23 out of 38 due diligence checks and has strong fundamentals. Steven Madden has seen its stock lose -34.71% over the past year, overperforming other shoe stocks by 1 percentage points.

Steven Madden has an average 1 year price target of $44.67, an upside of 60.96% from Steven Madden's current stock price of $27.75.

Steven Madden stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Steven Madden, 28.57% have issued a Strong Buy rating, 28.57% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Crocs (NASDAQ:CROX)

Crocs (NASDAQ:CROX) is the third best shoe stock with a Zen Score of 59, which is 14 points higher than the shoe industry average of 45. It passed 20 out of 33 due diligence checks and has strong fundamentals. Crocs has seen its stock lose -59.07% over the past year, underperforming other shoe stocks by -24 percentage points.

Crocs has an average 1 year price target of $94.25, an upside of 41.28% from Crocs's current stock price of $66.71.

Crocs stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Crocs, 33.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the shoe stocks with highest dividends?

Out of 7 shoe stocks that have issued dividends in the past year, the 3 shoe stocks with the highest dividend yields are:

1. Weyco Group (NASDAQ:WEYS)

Weyco Group (NASDAQ:WEYS) has an annual dividend yield of 4.58%, which is 2 percentage points higher than the shoe industry average of 2.71%. Weyco Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Weyco Group's dividend has shown consistent growth over the last 10 years.

Weyco Group's dividend payout ratio of 38.6% indicates that its dividend yield is sustainable for the long-term.

2. Foot Locker (NYSE:FL)

Foot Locker (NYSE:FL) has an annual dividend yield of 4.02%, which is 1 percentage points higher than the shoe industry average of 2.71%. Foot Locker's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Foot Locker's dividend has shown consistent growth over the last 10 years.

Foot Locker's dividend payout ratio of 28% indicates that its dividend yield is sustainable for the long-term.

3. Rocky Brands (NASDAQ:RCKY)

Rocky Brands (NASDAQ:RCKY) has an annual dividend yield of 2.85%, which is the same as the shoe industry average of 2.71%. Rocky Brands's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Rocky Brands's dividend has shown consistent growth over the last 10 years.

Rocky Brands's dividend payout ratio of 22.1% indicates that its dividend yield is sustainable for the long-term.

Why are shoe stocks down?

Shoe stocks were down -1.69% in the last day, and down -6.65% over the last week. Foot Locker was the among the top losers in the footwear & accessories industry, dropping -3.2% yesterday.

Shares of retail, apparel and e-commerce companies are trading lower amid concerns over a potential recession. Further rate hikes could drive an economic slowdown, which would cause consumers to cut back on non-essential spending.

What are the most undervalued shoe stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued shoe stocks right now are:

1. Crocs (NASDAQ:CROX)

Crocs (NASDAQ:CROX) is the most undervalued shoe stock based on WallStreetZen's Valuation Score. Crocs has a valuation score of 71, which is 19 points higher than the shoe industry average of 52. It passed 5 out of 7 valuation due diligence checks.

Crocs's stock has dropped -59.07% in the past year. It has underperformed other stocks in the shoe industry by -24 percentage points.

2. Rocky Brands (NASDAQ:RCKY)

Rocky Brands (NASDAQ:RCKY) is the second most undervalued shoe stock based on WallStreetZen's Valuation Score. Rocky Brands has a valuation score of 71, which is 19 points higher than the shoe industry average of 52. It passed 5 out of 7 valuation due diligence checks.

Rocky Brands's stock has dropped -56.52% in the past year. It has underperformed other stocks in the shoe industry by -21 percentage points.

3. Weyco Group (NASDAQ:WEYS)

Weyco Group (NASDAQ:WEYS) is the third most undervalued shoe stock based on WallStreetZen's Valuation Score. Weyco Group has a valuation score of 71, which is 19 points higher than the shoe industry average of 52. It passed 5 out of 7 valuation due diligence checks.

Weyco Group's stock has dropped -8.36% in the past year. It has overperformed other stocks in the shoe industry by 27 percentage points.

Are shoe stocks a good buy now?

50% of shoe stocks rated by analysts are a buy right now. On average, analysts expect shoe stocks to rise by 40.15% over the next year.

What is the average p/e ratio of the footwear & accessories industry?

The average P/E ratio of the footwear & accessories industry is 23.3x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.